A competition for budding space entrepreneurs

As we look forward to meeting our own challenges this new year, it is gratifying to come across a challenge aimed at stretching the imagination of our children.

The SatelLife Challenge, now in its second year, is looking for innovative proposals from those aged 11 to 22 which have the potential to use data collected from space to benefit our economy, health or the environment. Ideas from last year’s competition ranged from solutions to help increase the survival rate of heart attack victims by using GPS trackers in fitness devices, to an app that warns people about impending natural disasters, guides them safely away and alerts emergency services.

Satellites support the economy and everyday life, and this competition gives young people the chance to test their ideas with industry experts and perhaps one day become part of the fastest growing sector of the UK economy. The UK space industry builds 40% of the world’s small satellites and 25% of the world’s telecommunications satellites. It supports 40,000 jobs and generates £14 billion in revenue across the country.

The competition, which aims to support the development of science, data handling and technological skills, is split into three age groups, with overall prizes of £7,500 for the best individual and best team. A further seven entries from across the age categories will win £5,000, making a total prize fund of £50,000. The judging panel will be made up of experts including representatives from the UK Space Agency, the European Space Agency, the Satellite Applications Catapult in Harwell and industry.

Entries can be as teams or individuals and all prize winners will be able to pitch their idea to a panel of ‘dragons’ from the space sector who will offer prizes. In 2017 the competition winners were offered a mix of support including an offer to build a prototype, thousands of pounds worth of space on Amazon Cloud Services, access to data, business development advice and a visit to a satellite factory.

This entry was posted
on Thursday, January 4th, 2018 at 12:00 am and is filed under Uncategorised.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.